Market analysis for investment properties in Cannon Hill
Cannon Hill in Brisbane offers a mix of shopping options, with the nearby Cannon Hill Shopping Plaza providing a variety of retail stores and dining establishments. Residents also have easy access to nearby Westfield Carindale, one of the largest shopping centres in Brisbane, offering a wide range of shops, restaurants, and entertainment venues.
For education, Cannon Hill is served by Cannon Hill State School and Cannon Hill Anglican College for primary education, while Balmoral State High School caters to secondary students. These schools provide quality education options for families residing in the area.
Residents of Cannon Hill have convenient access to public transportation options to reach the Brisbane CBD. The Cannon Hill train station links directly to the city, providing a quick and efficient commute for daily travellers. Additionally, several bus routes, such as the 222 and 232, run through Cannon Hill, offering further connectivity to the CBD and surrounding areas.
Surrounding green spaces in Cannon Hill include Keralgerie Park and Minnippi Parklands, providing residents with opportunities for outdoor activities, picnics, and leisurely strolls. These green areas offer a peaceful retreat from the urban environment and contribute to the overall livability of the suburb.
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
See live suburb and LGA market signals.
Investors analyzing Cannon Hill often compare these adjacent markets for better entry points or higher yields.
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Cannon Hill, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.

Frequently asked questions about the Cannon Hill property market in 2026.
As of March 2026, the Cannon Hill property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 9.9% and units have grown by 14.29%. These figures reflect the evolving demand within Brisbane, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Cannon Hill range from $1,610,000 for houses to $800,000 for units. These values are calculated based on recent transaction data and current buyer activity across the Brisbane region.
For investors targeting cash flow, houses rent for $862.5 /pw with a 2.79% yield, while units rent for $675 /pw with a 4.39% yield. This rental performance is a key indicator of strong tenant demand within the Cannon Hill area.